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Soma Textiles & Industries reports standalone net loss of Rs 4.91 crore in the March 2017 quarter

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Capital Market

Sales decline 41.20% to Rs 26.32 crore

Net loss of Soma Textiles & Industries reported to Rs 4.91 crore in the quarter ended March 2017 as against net profit of Rs 1.52 crore during the previous quarter ended March 2016. Sales declined 41.20% to Rs 26.32 crore in the quarter ended March 2017 as against Rs 44.76 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 11.14 crore in the year ended March 2017 as against net loss of Rs 14.23 crore during the previous year ended March 2016. Sales declined 25.21% to Rs 127.32 crore in the year ended March 2017 as against Rs 170.24 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales26.3244.76 -41 127.32170.24 -25 OPM %5.3610.63 -5.292.73 - PBDT-1.10-0.98 -12 -9.93-17.00 42 PBT-1.96-2.28 14 -14.01-23.79 41 NP-4.911.52 PL -11.14-14.23 22

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First Published: Jun 01 2017 | 3:58 PM IST

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